Who else but the nba star lebron james has now come out speaking about the recent nba fall out with china, reigniting that controversy that had gone down to a simmer welcome to power lunch. Ive got quite rally reports in eu and uk may be closer to a deal on brexit that s p 500 level thats up, we are less than a percent away from all time record highs and tech nearing a record high they are their best bet into earnings lets go to bob at the new york stock exchange. Its more than just optimism on trade here. Theres several fronts going on. I think the most important is earning. Jp morgan reported strong earnings the consumer side was really good this is a real sign the consumer is holding up and even jamie dimond said that second thing help in the markets, positive comments on the prospect of a brexit deal. They did sicite hard brexit as risk finally a bit of warm and fuzzy feeling from china on the trade talk the global times editor said that fridays meeting did represent a breakthrough
Previous leader. That is certainly something we are going to watch out for here today when it comes to how that plays out in malaysia. Overall risk sentiment is cautious. David it doesnt help that markets here in hong kong and china, you have liquidity issues look exacerbating these issues. Here are your equity markets that are open. On the lighter side of things. Down about. 25 . Kospi up. 25 . Putting anything else together, we are on a threeweek streak of declines for asian equities. S p futures as you can see,. 5 down, pretty much where it has been holding all morning. Have a look at some other things we are tracking here as well. We talked about dollaryen today, which we will get to in a moment. Southeast asia is looking like this. The latest market to open is indonesia. A big day friday for philippines, reversing some of that now. Malaysia also little higher. Southeast asia as well, mx is your ticker for this benchmark. Also on three weeks of decline. As promised, look at dollary
The Ceo Mark Parker is stepping down, replaced by nike board minneapolis and service now ceo john donaho, marker will be the executive chairman we heard from parker exclusively on the closing bell. We have spent a lot of time over many months working on succession planning. So this is this is not something that happens in a matter of weeks. So its really unrelated to oregon project or other issues this is about me on the board really wanting to make the build on the momentum weve got. Add the horsepower, accelerate against our strategy and do it while im here and in a position to lean in and make this as successful as possible parkers departure comes a the dame the crow kevin planning leaving his post in the new year as well. Both stort sporting stocks time to lays up and buy or sit on the sidelines. Can you just say that. I just did. Do you have ears i do. It hurt my ears. Youre sproech so much smarter than that time to lays up and buy. Ha ha. Based on this mr. Donaho on the board of
Tenacious legacy on the collective rights of africa and africans. A turbulent week for britains prime minster ends with opposition parties uniting to block a snap general election in october. And coming up a huge moment for india as hopes to land a space craft on the moon within the next hour. Hello and welcome to world news today. Officials in the bahamas say the number of deaths caused by Hurrican Dorian could be staggering. At the moment, 30 people are known to have been killed, but many areas remain cut off. In the last hours, dorian has made landfall over Cape Hatteras in North Carolina and has weakened to a category 1 storm. But the full force of the hurricane was felt in the abaco islands in the bahamas. These are the latest pictures from there along with aid and equipment, officials are sending morticians and hundreds of body bags. Richard galpin has this report. It is hard to imagine how anyone can survive here, in this, the ruins of marsh harbour, one of the largest cities in
I love all three of these people. Individually in different ways. Again you all bring such intelligence and such insight. In rigorous honor dash mike honesty to the conversation. Peter teal who spoke with maria on google. The radio host a. M. 970 and saturday night live alone on the canceling the movie of the hunt. In the Energy Analyst global head. You dont want to miss any of these coming up. U. S. China trade. The economist saying that fears of a u. S. China trade war are increasing. And that they no longer expect a trade deal before the 2020 election. President trump threatening to impose a threat on september the first that would mean that every dollar of imports into this country has a tariff on it. Protest in hong kong still ongoing with over 100 Flights Canceled at the airport today. This is a rough start. What do you make of the Goldman Sachs call. I was talking to a bunch of traders who in an observation the trade war is not impacting just our economy but impacting all global